LONDON / NEW YORK / SYDNEY / SINGAPORE, 4 July 2023 – Internationally, increased volatility and market instability have driven liquidity risk to extremes, resulting in many companies seeing the cost of derivatives and margin exponentially increase and, in extreme cases, defaulting on their positions.
In May this year, BCBS-CPMI-IOSCO published its report on margin impact on CCPs (centrally cleared commodities), finding that these are sensitive to the impact on margin calls, with some companies adjusting their stress testing approach accordingly. Cassini Systems (Cassini), the front-to-back margin analysis solution for derivative users, is announcing today that it has won the Best Analytics Solution category in this year’s WatersTechnology Asia awards.
Cassini’s platform offers clients an analytical liquidity and collateral risk management framework that goes beyond the one set out by regulators, meaning companies can use the firm’s margin analytics, collateral optimization, and stress testing capabilities to ensure collateral and liquidity resilience for any market scenario.
Once this framework is in place, buy-side firms can start exploring opportunities to optimize revenue with intelligent analytics by maximizing the revenue opportunity from unencumbered inventory and project short, medium, and long-term pools of inventory deployment.
This has become increasingly important in light of increased volatility, resulting in asset allocators actively looking to work with asset managers and hedge funds implementing these processes. The WatersTechnology Asia awards celebrate companies excelling in Asia’s capital market community. The winners have been chosen following a stringent assessment of the companies’ impact on the market and its development. Cassini was chosen thanks to its innovative nature and its achievements in the last year.
David Liew, Head of APAC Sales and Operations of Cassini Systems, said: “We are very pleased to be recognized for our contribution to the derivatives markets. This award cements our commitment to the industry and further proves our analytics’ importance. As part of our offering, firms also use in-depth stress testing, which can be the difference between seeing profits and continuing with an unsuccessful strategy. With our newest office in Singapore, we are well positioned to continue serving the Asian markets.”
Cassini Systems is a multi-award-winning margin analytics and collateral optimization platform. The platform informs companies’ strategies and has historically helped clients save hundreds of millions in initial margin. Its comprehensive framework for liquidity risk helps companies achieve resilience and revenue generation.
John Norris / Alice Jiga
Tel: +44 (0) 20 7250 4770
Founded in 2014, Cassini Systems offers an award-winning derivatives margin analytical platform that provides the industry’s only front-to-back margin and cost analysis across the entire lifecycle of a trade. Cassini users can calculate any margin on any cleared or uncleared derivatives asset, analyze drivers and movement in margin exposure, reduce Initial Margin levels, and maximize margin efficiency with the firm’s industry-leading, advanced algorithms.
Cassini’s services have a proven track record of enhancing portfolio returns at every point in the daily business cycle, empowering traders and portfolio managers to analyze instantly in the pre-trade stage the all-in, lifetime cost of a transaction. Top-tier hedge funds, asset managers, and global banks rely on Cassini for powerful, flexible, automated tools to manage their portfolios of over-the-counter and exchange-traded derivatives products. Cassini was named Best Analytics Solution to Address Capital Requirements/ Liquidity Risk in the RegTech Insight Awards 2023 and Named one of the Most Influential FinTech Firms 2023.